Microsoft Dynamics 365 Business Central (BC) allow users to account for foreign currency transactions. BC also able to translate the registered foreign currency amount into functional currency that setup in the entity using the conversion rates which setup in Exchange Table. Due to the exchange rates fluctuate constantly, as a dollar worth in foreign currency today might not equivalent to the same foreign currency worth the next day. Hence, users are required to adjust the open documents that transact in foreign currency which include open invoices, credit memos, and advance payments. Once the open documents transacted in foreign currency is revalued, the gain and loss which calculate after comparing the closing rates at the period end will be posted to profit and loss as unrealised gain and loss, ensuring that the subledgers and general ledger can be reconciled. This process can be done using Adjust Exchange Rate in BC, a batch job to adjust the exchange rates fo...
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